Mortgage rates remain near historic lows

Freddie Mac published the results of its most recent mortgage market survey on Thursday. The average commitment rate for a 30 year fixed rate mortgage was 4.82%. The average rate for a 15 year fixed rate loan was 4.5%.

Here's how rates have trended over the last 20 weeks.

A number of local lenders currently offer 30 year loans for fixed rates at or below 5%. For the latest on local rates, you can view our daily mortgage rate updates on the buying real estate page at DaneCountyMarket.com.

Have a good one,

Dan Miller, Keller Williams Realty and DaneCountyMarket.com